566 NW 1st St - Commercial LAND FOR SALE


Miami, FL 33128 5,009 SF
$1,999,999 USD
305-613-4507
566 NW 1st St, Miami, FL for Sale
$1,999,999 USD
Commercial LAND - FOR SALE
1/12
5,009 SF

566 NW 1st St
Miami, FL 33128


HIGHLIGHTS

  • 0.115 acres (5,000 SF)
  • Steps away from Downtown Miami
  • T6-8-O Zoning
  • 13-unit, 8-story shovel ready condo project
  • Access to major roadways

OVERVIEW

Colliers is pleased to offer the opportunity to acquire Pandora, a prime 5,000 SF (0.115 acre) development site, strategically located at 566 NW 1st Street within the vibrant Miami River District. This property is zoned T6-8-O, permitting highly dense and flexible development options and comes fully approved with construction drawings for a class A 13-unit, 8-story boutique condominium project. Situated just off West Flagler Street, a major east-west thoroughfare connecting East Little Havana to Downtown Miami, the site benefits from immediate access to key Miami locales including Brickell and LoanDepot Park. It also enjoys proximity to I-95, capturing visibility from over 165,000 vehicles daily. As the Miami River District experiences a dynamic commercial and residential renaissance, new amenities such as the Miami Riverwalk, Miami River Greenway, major parks, boatyards, and emerging retail, residential, and hospitality developments enhance the site’s appeal, promising a strategic investment in a rapidly evolving area.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/ACRE

$17,392,684/AC

PRICE/SF

$399 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Pandora on the River

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development

LAND ACRES

0.11 AC

LAND SF

5,009 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

T6-8-O

APN/PARCEL ID

01-0201-000-1080

ASK ABOUT THIS PROPERTY

Virgilio FernandezColliersMore Info
305-613-4507

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Virgilio FernandezColliersMore Info
305-613-4507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.